American Collectors Rarely Sell Prized Works Once Purchased

December 13th, 2017

Christie's, via NY postA new study finds that few American art collectors sell their works once they have purchased them, the New York Post reports. “Collectors don’t apply the same principles to buying art that they would to a typical investment portfolio of stocks and bonds,” says John Mathews, head of private wealth management and ultra-high net worth at UBS Americas. “It is important, however, to institute management structures to ensure their legacy remains protected, correctly valued and insured.”

Read more at NY Post